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July 22, 2005

MTA unveils Brooklyn railyard site bid details

NY Newsday, AP

You've been hearing about the competing bids and thinking, "Show me the money!"

Here's a comparison of the two bids as reported this evening by the AP.

 

$$$ OFFERED

INITIAL PUBLIC SUBSIDIES

Forest City Ratner

$50 million cash

$200 million

Extell Development Corp.

$150 million cash

$150 million

article

Posted by lumi at July 22, 2005 7:13 PM